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Could a Website Really Have Doomed the Health Exchanges?Multiple Equilibria,Initial Conditions and the Construction of the Fine
Health Exchanges Adverse Selection Insurance Markets Mandate
2015/7/31
Public attention has focused on how the launch of the national health exchanges could impact the types of risks who initially enroll and thereby affect future premiums and enrollment. We introduce sim...
Towards Modeling Economic Ecosystems: an Initial Model and Preliminary Validation
Towards Modeling Economic Ecosystems an Initial Model Preliminary Validation
2014/8/8
We introduce an approach to modeling economies that fo-cuses on the interconnectedness of economic agents. This ecosystem- based approach allows us to enhance our understanding of economic growth by a...
Portfolio optimization with insider's initial information and counterparty risk
asymmetric information enlargement of filtrations counterparty risk optimal investment duality dynamic programming.
2012/9/14
We study the gain of an insider having private information which concerns the default risk of a counterparty. More precisely, the default time τ is modelled as the first time a stochastic process hits...
The Austrian School in the American Economic Review (1911-2004): The Initial and Final Decades
American Economic Review Initial Final Decades
2009/7/23
Reference to an Austrian or neo-Austrian economist has appeared in the American
Economic Review each year since the journal was first published in 1911. Topics examined
in the first (1911-20) and la...